Anchor Protocol Metamask

The Anchor Token (ANC) is Anchor Protocol’s governance token . Users can deposit (or stake) ANC tokens to create new governance polls, which can be voted on by users that have staked ANC. ANC is designed to capture a portion of Anchor’s yield relative to Anchor’s assets under management (AUM).

Here’s how to do that using Coinbase Wallet for U.S. residents.

Anyone, anywhere, can supply tokens to liquidity pools, trade tokens, or even create and list their own tokens (using Ethereum’s ERC-20 protocol). There are currently hundreds of tokens available on Uniswap, and some of the most popular trading pairs are stablecoins like USDC and Wrapped Bitcoin (WBTC).

That’s one of the reasons why Anchor is built on Ethereum.

Starting today, Coinbase supports Tether (USDT) at Coinbase.com and in the Coinbase Android and iOS apps . Coinbase customers can now buy, sell, convert, send, receive, or store USDT.